Is DKNG or MGM cheaper?

On trailing earnings, MGM is cheaper: DKNG trades at a 214.46 P/E and MGM at 64.68.

Which has grown faster, DKNG or MGM?

Over the past five years, DKNG grew revenue faster — DKNG at a 49.66% CAGR versus MGM at 31.54%.

Which has been the better investment, DKNG or MGM?

Over the past 5-year, MGM delivered the higher annualized total return — DKNG at -12.55% versus MGM at 7.34%. Past performance doesn't predict future results.

DraftKings Inc. (DKNG) vs MGM Resorts International (MGM)

MGM leads on 10 of 12 compared metrics.

A side-by-side comparison of DraftKings Inc. and MGM Resorts International across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

DKNG

DraftKings Inc.

$12.73B

$25.65Consumer Cyclical

MGM

MGM Resorts International

$11.91B

$46.57Consumer Cyclical

Total return — DKNG vs MGM

growth of $100 · last 7y

DKNG +161.7%MGM +58.6%DKNG compounded faster

DKNG MGM

DKNG vs MGM: by the numbers

•DKNG is the larger company ($12.73B vs $11.91B market cap).
•MGM trades at the lower earnings multiple (64.68 vs 214.46 P/E).
•DKNG grew revenue faster over the past five years (49.66% vs 31.54% CAGR).

Which is better, DKNG or MGM?

Metric tally: DKNG 2 · MGM 10

It depends on what you're optimizing for:

ValueMGM(lower P/E)

GrowthDKNG(faster 5Y revenue CAGR)

QualityMGM(higher ROIC)

Metrics side by side

Valuation

Metric	DKNG	MGM
P/E ratio	214.46	64.68●
Forward P/E	—	27.37
P/S ratio	2.17	0.68●
P/B ratio	22.55	4.95●
PEG ratio	34.79	—
EV / EBITDA	36.26	24.55●
FCF yield	4.97%	14.37%●

Profitability

Metric	DKNG	MGM
Gross margin	41.79%	44.16%●
Operating margin	0.58%	5.18%●
Net margin	0.93%	1.03%●
ROE	9.69%●	7.51%
ROIC	-0.26%	2.65%●

Growth (annualized)

Metric	DKNG	MGM
Revenue CAGR (5Y)	49.66%●	31.54%
EPS CAGR (5Y)	—	-23.69%
FCF CAGR (5Y)	—	30.01%
Total return CAGR (5Y)	-12.55%	1.95%●

Frequently asked

Which is better, DKNG or MGM?: It depends on your goal. value: MGM (lower P/E); growth: DKNG (faster 5Y revenue CAGR); quality: MGM (higher ROIC). Across all compared metrics, MGM leads 10 to 2.
Is DKNG or MGM cheaper?: On trailing earnings, MGM is cheaper: DKNG trades at a 214.46 P/E and MGM at 64.68.
Which has grown faster, DKNG or MGM?: Over the past five years, DKNG grew revenue faster — DKNG at a 49.66% CAGR versus MGM at 31.54%.
Which has been the better investment, DKNG or MGM?: Over the past 5-year, MGM delivered the higher annualized total return — DKNG at -12.55% versus MGM at 7.34%. Past performance doesn't predict future results.

Go deeper

Full DKNG analysis Full MGM analysis Interactive comparison tool

Dig into the metrics

DraftKings P/E ratio MGM Resorts International P/E ratio DraftKings dividend yield MGM Resorts International dividend yield DraftKings ROE MGM Resorts International ROE DraftKings operating margin MGM Resorts International operating margin DraftKings revenue growth MGM Resorts International revenue growth DraftKings free cash flow MGM Resorts International free cash flow

DraftKings & MGM Resorts International appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 23, 2026.